Sebastian Sinclair

Sebastian Sinclair is the market and news reporter for CoinDesk operating in the South East Asia timezone. He has experience trading in the cryptocurrency markets, providing technical analysis and covering news developments affecting the movements on bitcoin and the industry as a whole. He currently holds no cryptocurrencies.

Sebastian Sinclair

Latest from Sebastian Sinclair


Finance

Bridgewater's Ray Dalio Softens Stance on Bitcoin, Says It Has Place in Investors' Portfolios

The founder of the world's largest hedge fund says bitcoin can form part of a diversified portfolio, though he may still prefer gold.

Bridgewater Associates founder Ray Dalio

Markets

Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week

Bitcoin has fallen toward a key area of psychological support near $18,000.

Bitcoin prices, Dec. 8 to Dec. 9, 2020.

Markets

First Mover: Wells Fargo Bitcoin Briefing Could Signal Bull Run Intact

As banks like Wells Fargo come around to writing about bitcoin, pro crypto analysts are scrutinizing blockchain network activity for clues on market cycle.

Market sentiment has been dampened, as in this 18th century Korean painting of a rainy landscape.

Markets

Crypto Funds Have Seen Record Investment Inflow in Recent Weeks

In the last month, weekly inflows to cryptocurrency funds from institutional investors have been breaking records, according to data reported by Reuters.

Gas pump

Markets

First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K

This year's rapid price gains are unnerving some investors, but NYDIG's Greg Cipolaro argues that bitcoin's growing network could justify $52K in five years.

Allianz Chief Economic Advisor Mohamed El-Erian says he recently sold bitcoin "not based on any deep analysis" after buying some two years ago.

Tech

Singapore's National Research Foundation Invests $9M in Blockchain Innovation

The government-backed foundation is funding research and development of commercial use cases for blockchain technology.

Singapore

Policy

Thai Excise Department Will Deploy Blockchain Tech to Boost Tax Collection

All three of Thailand's tax departments reportedly aim to improve tax revenue collection using blockchain technology.

Rama VIII Bridge, Bangkok, Thailand

Tech

Japanese City to Trial Blockchain Voting System

Kaga, Ishikawa Prefecture, is looking at blockchain tech to solve problems in the city, starting with an e-voting system.

pedestrians

Markets

US Treasury Wants Regulators to Watch for 'Potential Risks' in Digital Asset Innovation

The Treasury Department wants state and federal regulators to keep a vigilant watch on digital asset innovation.

US Treasury Seal

Markets

Spotify Looking for Associate Director to Lead Activity on Libra Project, Other Crypto Efforts

The world's largest audio streaming service is on the hunt for a new associate director to lead its activity within the libra stablecoin project.

Spotify app.